Cryptocurrency Q&A
What is the cheapest way to send USDT ERC-20?
What is the cheapest way to send USDT ERC-20?
KiteFlyer
Sun Dec 29 2024
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6 answers
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I'm looking for the most cost-effective method to transfer USDT ERC-20 tokens. I want to know which option would allow me to send these tokens with the lowest fees possible.
6 answers
mia_rose_lawyer
Tue Dec 31 2024
Binance Chain, also known as BSC, offers remarkable advantages in terms of transaction fees and processing speed.
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Sara
Tue Dec 31 2024
With BSC, users can enjoy lower fees compared to other blockchain networks. This is a significant benefit for those who frequently engage in cryptocurrency transactions.
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Giulia
Mon Dec 30 2024
The throughput of Binance Chain is also impressive, capable of processing approximately 100 transactions per second. This high level of efficiency ensures that transactions are processed swiftly and without delays.
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Silvia
Mon Dec 30 2024
When transferring USDT via the BEP-20 protocol on Binance, the network fee is $0. This represents a substantial savings for users who rely on Binance for their cryptocurrency needs.
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CryptoMaven
Mon Dec 30 2024
In contrast, transferring USDT on other crypto exchanges typically incurs a fee of around $1. This highlights the cost-effectiveness of using Binance Chain for such transactions.
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